HyperSolar Looks to Future as Hydrogen Fuel Demand Increases

SANTA BARBARA, CA--(Marketwired - November 18, 2014) - HyperSolar, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today commented on a recent report highlighted by trends and projections for hydrogen fuel production. The forecast for increased hydrogen demand, coupled with announcements from major auto manufacturers, has created a heightened level of excitement throughout the renewable energy industry.

Freedonia, an industry market research firm, recently published its 'World Hydrogen Market Report', in which it stated, "Global consumption of merchant and captive hydrogen is forecast to increase 3.5 percent annually through 2018 to 290 billion cubic meters." The report also cites the advancement of fuel cell vehicles as being a driving factor of hydrogen fuel development, as well as emissions regulations that are forcing automakers to pursue alternative methods of fuel other than traditional gasoline and diesel. While citing the US as the leader in hydrogen fuel production, the report also indicates that China will undergo the greatest share of growth, due to enacting tighter restrictions to combat their well-chronicled air pollution issues.

The auto manufacturing industry has continued to advance hydrogen fuel cell vehicles at an impressive pace, as recent announcements have placed hydrogen fuel ahead of electric vehicles in terms of viability. In fact, The Los Angeles Times recently quoted Craig Scott, the company's national manager of advanced technologies, as saying, "Today, Toyota actually favors fuel cells over other zero-emission vehicles, like pure battery electric vehicles." Volkswagen, the popular German auto manufacturer, also announced plans to unveil their hydrogen FCV at the Los Angeles Auto Show later this month. Meanwhile, Hyundai recently rolled out their fleet of 'ix35Hydrogen Fuel Cell' vehicles to customers in the UK, following a funding announcement from the UK government providing £11 million of extra funding for hydrogen filling stations.

HyperSolar, which recently announced a technological breakthrough bypassing an expensive procedure and increasing efficiency for the process of separating hydrogen and oxygen, is confident that this increase in demand throughout international markets will continue. In addition to popular and well documented fuel cell vehicle development, there is increased attention from the industrial space, as major retailers including WalMart and Ace Hardware, and aircraft manufacturer Airbus, pursue hydrogen fuel technology as a viable replacement to diesel and gasoline fuels.